Late payments wreak havoc on your cash flow, transforming it from a torrent into a slow trickle.
And unfortunately, even the best AR teams have to deal with them. Latest research shows that 93% of companies experience this challenge.
Your AR team needs an effective strategy to navigate collections and stay in control.
Dunning letters are a critical component of this strategy. They must spell out the actions required by the customer, inspire action, and also protect the business relationship you've worked hard to create. A well-crafted communication can often be the difference between a quick resolution and a written-off receivable!
Our Definitive Dunning Letter Toolkit contains six effective communications that will get you paid faster.
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